Please select your home edition
Edition
C-Tech Emirates

Final Hope Island Marina Berths to be released at heavy discount

by Sheree De Bono on 31 Aug 2011
Hope Island Marina Sheree De Bono
Developer Consolidated Properties is to release the second and final tranche of berths in its exclusive Hope Island Marina precinct, giving boaties and investors a limited opportunity to secure a prime freehold mooring at a heavily discounted price.

Consolidated sold its first parcel of 60 freehold marina berths in 2007 in three weeks and is looking for an even faster clearance of the final 60 freehold berths, with price reductions of up to 30 per cent when the berths are officially released to the market at an open day event on September 16.

Some examples of the mark downs include a 20 metre freehold berth reduced from $275,000 to $159,800, and a 14 metre pontoon discounted from $155,000 to $111,860.

Boat owners can choose from freehold berths ranging from 14 to 20 metres to suit a range of vessels.

Consolidated Properties project partner Lachlan Grantley says the imminent launch at Hope Island Marina represents fantastic value and a unique opportunity.

'This launch represents a once only opportunity for savvy boat owners and investors to secure a berth at prices not seen in recent years and unlikely to be repeated in the near future,' Mr Grantley said.

'Hope Island Marina berths have been discounted by up to $115,000, which represents exceptional value considering the increasing demand for marina berths on the Gold Coast and the marina’s established position as a premier, centrally located deepwater marina with an array of onsite facilities.

'The 2010 Queensland Marine Industry report shows that the Gold Coast is the boating capital of the state, with the city recording the most registrations overall and in each class for vessels without sails.

'Despite this title and the region’s growing popularity amongst boaties, there is an extremely constricted supply of marina berths, which sets a solid platform for this type of asset to appreciate in value over the coming years.'

Mr Grantley says securing a freehold berth is becoming an increasingly popular option for both boat owners and investors.

'There are many benefits associated with securing a freehold berth as opposed to leasehold,' Mr Grantley said.

'Firstly, the berth remains the property of the owner or investor forever or until they decide to sell, whereas most other marinas in South-East Queensland will only offer up to a 20 year leasehold.

'At Hope Island Marina, boat owners who secure a berth can enjoy quick deepwater access to major canals, the Broadwater and ocean, as well as ample shopping, dining and recreational facilities on site within Hope Island Resort.

'For investors, it’s an opportunity to capitalise on the rental demand for marina berths, with rents currently at over $500 per lineal metre, and expected to increase.'

Mr Grantley says Hope Island Marina’s location is another major drawcard for buyers, with the marina situated only 40 minutes from the Brisbane CBD on the Gold Coast’s prestigious north shore and only seven minutes off the M1, providing easy access to the broadwater and close proximity to stunning beaches.

'Hope Island Marina has an excellent reputation in terms of location, lifestyle amenities and boat safety and maintenance, so purchasers can be confident they are investing in a facility which is world-class,' he said.

For more information or for a tour of Hope Island Marina, please visit contact Greg Buck on 0400 332 848 or sales@hopeislandmarina.com.au
Giacomo Yacht SalePredictWind.comC-Tech Emirates TNZ

Related Articles

Int Moth Worlds - Zhik returns to its spiritual home at 2017 Worlds
Zhik is returning to its roots as the official clothing sponsor of the 2017 McDougall McConaghy Moth World Championships Zhik, the innovative sailing apparel specialist, is returning to its roots as the official clothing sponsor of the 2017 McDougall McConaghy Moth World Championships. And, ten years on, the Moths are returning to their spiritual home on Lake Garda. Zhik and the International Moth class are virtually synonymous with each other.
Posted on 20 Jul
World Sailing confirms strong presence at Yacht Racing Forum 2017
The tenth edition of the Yacht Racing Forum, in Aarhus, Denmark will reassemble the sport’s key personalities and actors The tenth edition of the Yacht Racing Forum, in Aarhus, Denmark (November 27-28) will once again reassemble the sport’s key personalities and actors, including a strong delegation of World Sailing representatives.
Posted on 19 Jul
Watch Change in Crosshaven - UK Sailmakers under new command
'Our strength has always been service, quality and people. Right now, they are Graham, Claire and Barry.' The famous Crosshaven loft that is part of the UK Sailmakers organisation will shortly have a new crew on deck. Barry Hayes, Claire Morgan and Graham Curran are taking over from Des McWilliam who is stepping down after 39 years in the business and 25 years at the helm of McWilliam Sailmakers.
Posted on 3 Jul
When the going gets hot Zhik has the answers on what to wear afloat
Whilst many of us Brits are looking in the sailing bag wondering what on earth to wear afloat in this heatwave Whilst many of us Brits are looking in the sailing bag wondering what on earth to wear afloat in this heatwave, Zhik the Australian sailing apparel innovators are set up for dealing with extreme heat, moisture management and sun protection.
Posted on 22 Jun
AkzoNobel named as official supplier to the Volvo Ocean Race Boatyard
The competing boats– including team AkzoNobel’s brand new Volvo Ocean 65– have already been coated with Awlgrip products AkzoNobel will be the official coatings supplier to the Volvo Ocean Race Boatyard in 2017-18, after signing a deal to ensure that the fleet of Volvo Ocean 65 racing yachts will be coated with the company’s International and Awlgrip range of products
Posted on 29 May
World Sailing and Volvo join forces for the future of sailing
The partnership is a signal of the Volvo Ocean Race's commitment to the sport and future of offshore sailing. As part of an ambitious plan, World Sailing will partner with the Volvo Ocean Race, owned by Volvo Group and Volvo Car Group, to develop the next generation of offshore sailors.
Posted on 18 May
TIMEZERO by MaxSea extends navigation partnership with Clipper Race
TIMEZERO by MaxSea, has been named as the Official Navigation Software Supplier for Clipper Round the World Yacht Race. Returning for its second race partnership, TIMEZERO by MaxSea, has been named as the Official Navigation Software Supplier for the Clipper 2017-18 Round the World Yacht Race.
Posted on 18 May
North Technology buys Hall Spars from receivership
North Technology Group (NTG) has announced the acquisition of the Hall Spars business out of receivership. North Technology Group (NTG) has announced the acquisition of the Hall Spars business out of receivership. The Hall Spars US parent company announced in early 2017 that it would be closing the doors due to well publicized financial challenges. The acquisition covers Auckland and Brekens and Hall Spars will re-establish in Rhode Island
Posted on 9 May
SAP brings cutting-edge solutions to World Sailing
World Sailing announces SAP, a market leader in enterprise application software, as its Official Technology Partner Over the next four years, SAP will bring its cutting-edge, innovative solutions to World Sailing's World Cup Series of events. SAP will transform the events by improving performance on the water, reinventing the fan experience on the shoreline and at home, simplifying operations for sailors and coaches and supplying media with information and insights to deliver a more informed commentary.
Posted on 2 May
New addition to North Sail for Volvo Ocean 65 racing machines
Their sails have powered eight out of nine Volvo Ocean Race winners since 1989-90, with Steinlager 2. Instead of assembling cloth panels into a particular sail shape, the Volvo Ocean Race sails are composites. This means that 3Di material 'tapes' are laid in a specific arrangement, offering stable structure to the sail where it is needed most.
Posted on 24 Apr